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BioWorld - Tuesday, June 17, 2025
Home » Topics » Artificial intelligence, BioWorld MedTech

Artificial intelligence, BioWorld MedTech
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Taking photo of mole with smart phone

Phone apps not apt for cancerous skin lesion detection and monitoring

Feb. 12, 2020
By Nuala Moran
LONDON – Consumer smartphone apps that use image processing algorithms to assess and monitor potentially cancerous skin lesions have not been properly tested in clinical trials and cannot be relied on to produce accurate results, according to a systematic review of published studies.
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Artificial intelligence and digital health icons
MD&M West

Panel dials down the hype around AI to focus on its promise

Feb. 12, 2020
By Meg Bryant
ANAHEIM, Calif. – Is artificial intelligence (AI) ready for prime time in health care? What’s hype and what’s real? That’s the question that was posed to an expert panel at MD&M West.
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AI microchip illustration

French university hospitals grasp AI

Jan. 21, 2020
By Bernard Banga
PARIS – EY SAS has published the results of the first edition of a barometer dedicated to the role of artificial intelligence (AI) in French public hospitals. The health care sector, which is undergoing wholesale change in France, is suffering tight economic constraints and faces ever-increasing expectations from patients. “The development of [AI] in France is a priority. It's a matter of gauging it,” Loïc Chabanier, an EY partner responsible for health care, told BioWorld.
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Wireframe hands, coins
CES Digital Health Summit

Digital health funding landscape still active despite slight dip

Jan. 9, 2020
By Liz Hollis
What does the landscape look like in terms of funding for digital health? Geoffrey Starr, a partner at Cooley LLP, dove into this question during the Digital Health Summit, part of CES 2020. He acknowledged that 2019 saw a slight dip in funding compared with the record-breaking previous year. With that said, it was the second largest year ever for digital health care financings, with more than one-third of all health care venture financings involving digital health technologies.
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Pink ribbon for breast cancer awareness

Google Health AI system reduces false mammogram interpretations compared to radiologists

Jan. 3, 2020
By Stacy Lawrence
Artificial intelligence (AI) is better than humans at pattern recognition within images and other densely complex datasets. That fact has long been expected to translate into meaningful change in the way we interpret health care data, but beyond a few early exceptions that is not yet the case. Now, the research is starting to amass that demonstrates the real potential for machine learning to significantly improve diagnostics and treatment.
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Wireframe hands, coins

Caresyntax scoops up $45.6M in new financing, acquires OR analytics provider Syus

Dec. 12, 2019
By Meg Bryant
Caresyntax GmbH, a Berlin-based provider of surgical automation, analytics and AI software technologies, picked up $45.6 million in venture funding. The funds will be used to accelerate U.S. and global expansion and support continued development and deployment of Caresyntax products. Participating in the financing were Whiz Partners, a Takeda-back drug discovery gateway investment limited partnership, Plug and Play Tech Center, Barco Healthcare, Mitsubishi Corp., Relyens, IPF Partners and Caresyntax founders Dennis Kogan and Bjoern von Siemens.
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SK invests in Standigm for AI-based drug development

Nov. 20, 2019
By Jihyun Kim
HONG KONG – SK Holdings Co. Ltd. invested ₩10 billion (US$8.6 million) in Standigm Inc., an artificial intelligence (AI)-powered biotech company based in Seoul, Korea. It is the second big investment Standigm has attracted this year after a ₩13 billion series B round in March.
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philips-intellispace-cognition-11-14.png

Philips launches its first AI-based cognitive assessment product in the U.S.

Nov. 14, 2019
By Stacy Lawrence
A neuropsychologist consult is typically the first step for a neurologist in aiding in the diagnosis and monitoring of neurological conditions. But timely appointments for an assessment by these specialists can be difficult to obtain, even under the best of circumstances. To better enable neurologists to assess which patients are most in need of a consultation with a neuropsychologist, Royal Philips NV has launched an artificial intelligence (AI)-based cognitive assessment tool in the U.S. Known as Philips Intellispace Cognition, the digital, cloud-based assessment tool takes established neuropsychological tests and enables their administration by a medical assistant via a tablet in an office setting.
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Azoth and Wellmarker Bio to collaborate in AI-based cancer drug development

Nov. 4, 2019
By Jihyun Kim
HONG KONG – South Korean AI-based biotech Azoth Bio Inc., of Seongnam, Gyeonggi-do, and biopharmaceutical venture Wellmarker Bio Co. Ltd., based in Seoul, have signed a memorandum of understanding for cancer drug R&D and commercialization. Under the agreement, the two entities will use Azoth's AI-powered platform to develop Wellmarker's cancer treatment candidates.
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Pilot study finds AI algorithm bests surgeons in post-op triage to the ICU

Oct. 31, 2019
By Stacy Lawrence
Deciding which patients should go into the intensive care unit (ICU) after surgery is a difficult call and typically made entirely at the surgeon's discretion. The result is that surgeons typically err on the side of caution by putting more post-operative patients in the ICU than necessary. To aid in better ICU decision-making, physicians at New York University Langone Hospital System (NYU Langone) developed a machine learning algorithm that combs through a patient's electronic medical record to identify relevant factors to determine if they needed the ICU after surgery.
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